Grantmaking public charityEIN 570897928
NEIGHBORHOOD CONCEPTS INC
HUNTSVILLE, AL 35805
Total Assets
$17.0M
FY 2024
Annual Giving
—
FY 2024
Grants Made
0
FY 2024
Avg Grant
—
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$946KEconomic development: through its wholly owned revolving loan fund, neighborhood concepts, inc. Made $4,185,157 in loans to small businesses and entrepreneurs in north alabama for start-up capital, equipment and working capital in 2024. At year-end, 56% of loans in portfolio were businesses owned by minorities, 45% by women-owned businesses and 13% were owned by low-income individuals. Additionally, 80% of portfolio dollars were deployed to borrowers in target markets.
Program 2
$62KAdvocacy: neighborhood concepts advocates for opportunities and programs that support the creation of affordable housing and the advancement of economic opportunities for underserved people and in underserved communities. Advocacy efforts include education and awareness as well as policy support.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$1.7M
Total Expenses
$1.5M
Giving Over Time
2 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
6 grants
Grant Size Distribution
6 grants
Geographic Focus
1 states
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